What do you do when you have an irrevocable trust in a state with hefty income taxes or weak creditor protection laws? Create a new one in a new jurisdiction.
Decanting an irrevocable trust is an estate-planning technique that's picking up steam among attorneys and estate planners. Essentially, decanting a trust involves distributing the assets from an old one to a new one with more favorable terms that will better meet the needs of the client. Currently, about 20 states have statutes that permit the technique.
There are a number of planning scenarios that could call for decanting: For instance, a case in which a trust has staggered distributions to the beneficiary at different ages. Perhaps it's better to decant and create a dynasty trust so that multiple generations can benefit from divorce, creditor and bankruptcy protection, according to Steven J. Oshins, an attorney at the Law Offices of Oshins and Associates.
Top 5 Tech Companies For 2015: Digirad Corp (DRAD)
Digirad Corporation, incorporated in 1997, is the developer and manufacturer of medical diagnostic imaging systems, including solid-state gamma cameras for nuclear cardiology and general nuclear medicine applications. The Company operates in two segments: DIS (its diagnostic imaging service business) and its product segment. Through DIS, the Company provides in-office imaging services to physicians, offering certified personnel, required licensure, an imaging system and other support and supplies for the performance of nuclear and ultrasound imaging procedures under the supervision of its physician customers. The Companies imaging systems are sold in both portable and fixed configurations. DIS physician customers enter into annual lease contracts for imaging services generally delivered on a per-day basis. The Company�� product segment sells solid-state gamma cameras and provides camera service and maintenance.
Imaging Services
DIS offers portable nuclear and ultrasound imaging services. Its nuclear modality services include an imaging system, a certified nuclear medicine technologist and a cardiac stress technician, often certified or a trained nurse or paramedic, the supply of radiopharmaceuticals, and required licensing services for the performance of nuclear imaging procedures under the supervision of physicians. The ultrasound imaging service is similar, in that the Company provides the ultrasound equipment and one ultrasound technologist. Its portable nuclear imaging operations use a hub and spoke model, in which centrally located regional hubs anchor multiple van routes in the surrounding metropolitan areas. At its DIS hubs, clinical personnel load the equipment, radiopharmaceuticals, and other supplies onto specially equipped vans for transport to the physician�� office or other customer locations, where they set up the equipment for the day. The Company provides nuclear and ultrasound services primarily under annual contracts for services delivered on a per-day ! basis.
Products
Digirad markets and manufactures a line of nuclear medicine cameras for nuclear cardiology and general nuclear medicine applications. Its cameras are used in hospitals, imaging centers, physician offices and by mobile service providers. Its nuclear cameras feature detectors based on solid-state technology developed by the Company. The solid-state technology provides the Company with the capability to market and manufacture a diverse family of cardiac and general-purpose cameras.
The Cardius family of cardiac SPECT (single-photon emission computerized tomography) solid-state imagers makes it possible to image patients up to 500 pounds in a sitting position. Upright imaging makes it possible to image bariatric, COPD (chronic obstructive pulmonary disease) or claustrophobic patients that typically could not be imaged lying down on. The Company offers fixed dual-head and triple-head cardiac camera models for use within a facility and a portable dual-head configuration that makes it possible to move the system to provide service to multiple rooms or sites. Its flagship in cardiology is the Cardius XACT SPECT/CT system. It features a triple-head design and a low dose volume computed tomography (CT) attenuation correction methodology.
The Company�� ergo is a large-field-of-view planar portable imaging camera. The ergo imaging system is targeted to hospitals with multi-camera general nuclear medicine departments, academic centers, pediatric hospitals, regional trauma centers, women�� health centers and cancer centers. The Company also provides triple-head Cardius 3 XPO system, which provides shorter image acquisition time. Its Cardius X-ACT camera is a rapid cardiac SPECT/VCT imager. The Cardius X-ACT camera is positioned more toward the hospital and larger cardiology practices.
Advisors' Opinion:- [By John Kell and Tess Stynes var popups = dojo.query(".socialByline .popC"); p]
Digirad Corp.(DRAD) agreed to pay at least $3.5 million in cash to acquire medical-outsourcing provider Telerhythmics, a deal that will add to the larger company’s sales and bottom line.
- [By Lisa Levin]
Digirad (NASDAQ: DRAD) shares created a new 52-week high of $3.989 on Q3 results.
Posted-In: 52-Week HighsNews Intraday Update Markets Movers
10 Best Income Stocks To Watch Right Now: iSoftStone Holdings Limited(ISS)
iSoftStone Holdings Limited provides various information technology (IT) services and solutions in the Greater China and internationally. It offers an integrated suite of IT services and solutions, including consulting and solution services, IT services, and business process outsourcing (BPO) services. The company provides a range of consulting services for an overall engagement or discrete consulting services in conjunction with other services. It also develops industry-specific solutions, including treasury management, cash management, property and casualty insurance core, financial holding company business analysis, trust company core, and banking risk management solutions for banking, financial services, and insurance industries; supply chain management, enterprise information portals, business intelligence, business process integration, and management and e-commerce solutions for energy, transportation, and public sectors; mobile and embedded technology, next generati on platforms, business intelligence functionality, and network security products for the communications industry. In addition, the company offers various IT services consisting of application development and maintenance, research and development, and infrastructure and software services. Further, it provides a range of BPO services, such as securities trade processing services for the investment banking industry; digitization and archiving of policyholder information, as well as account processing and customer service for insurance industry; and cross-industry BPO services comprising finance and accounting, customer care, and human resources. The company was founded in 2001 and is headquartered in Beijing, the People?s Republic of China.
Advisors' Opinion:- [By Seth Jayson]
iSoftStone Holdings (NYSE: ISS ) reported earnings on May 17. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), iSoftStone Holdings beat expectations on revenues and beat expectations on earnings per share.
10 Best Income Stocks To Watch Right Now: Tesco PLC (TSCDY)
Tesco PLC, incorporated on November 27, 1947, is engaged in retailing and associated activities in the United Kingdom, China, the Czech Republic, Hungary, the Republic of Ireland, India, Malaysia, Poland, Slovakia, South Korea, Thailand and Turkey. The Company also provides retail banking and insurance services through its subsidiary, Tesco Bank. The Company�� operations in the United Kingdom is the within the Company, with over 3,000 stores. The Company�� in-store picking model is complemented by a small number of specialized dotcom-only stores, which allow the Company to respond to customer demand. The Company�� Click & Collect service is a part of its multichannel offering and enables customers to pick up their shopping when and where it suits them. It has over 1,500 Click & Collect collection points for general merchandise and over 150 Grocery Drive-thrus in the United Kingdom.
The Company�� operations in India include sourcing and its service centre, as well as a franchise arrangement with Tata Group. The Company�� Hindustan Service Centre (HSC) is the global services arm for Tesco worldwide, providing business services for Tesco operations globally. Tesco HSC is engaged in creating and executing strategic initiatives covering information technology (IT), Financial, Commercial and Property, among others. The Company also provides 80% of the stock sold by Star Bazaar, both food and non-food, sourced through its distribution centre in Mumbai. This distribution centre also provides wholesale products to traditional Indian retailers, kirana stores, restaurants and other businesses, providing small farmers and other suppliers with a way to sell their wares to the local market.
The Company has an online business and 22 of virtual stores in South Korean subways and bus stops, which help time-pressed customers, shop on-the-go using their smartphones. Tesco Lotus is its international business, serving over 11 million customers every week in over 1,400 stores. Tesco Bank! offer a range of simple personal banking products, principally-mortgages, credit cards, personal loans, and savings.
Advisors' Opinion:- [By G. A. Chester]
LONDON -- Top British supermarket�Tesco� (LSE: TSCO ) (NASDAQOTH: TSCDY ) is due to announce its annual results on April 17.
- [By G. A. Chester]
British American Tobacco (LSE: BATS ) (NYSEMKT: BTI ) , Tesco (LSE: TSCO ) (NASDAQOTH: TSCDY ) , and Severn Trent (LSE: SVT ) fit the bill, and the table below gives the low-down on them.
10 Best Income Stocks To Watch Right Now: Sedex Mining Corp (SDN)
Sedex Mining Corp. is a resource exploration-stage company. The Company is engaged in the acquisition and exploration of exploration and evaluation assets. The Company�� Elephant Lake property is approximately 100 kilometers south of Timmins Ontario which has produced over 67 million ounces of gold. The Nickel North property lies approximately 22 kilometers northwest of the Kidd Creek Mine. The Kidd Creek Mine has produced over 115,000,000 tons of ore averaging 2.2% copper (Cu), 7.25% zinc (Zn), 0.28% lead (Pb) and 147.43 g/t silver (Ag)). Nordica property lies 55 kilometers southeast of Timmins, a prolific gold producing camp with. The property also lies approximately 24 kilometers southeast of Langmuir Township, a well known nickel belt with four known nickel deposits and GCR's recent W4 nickel discovery. Advisors' Opinion:- [By Vinay Singh]
The old guard is struggling to revive growth in its age-old performing segments that include switching and routing equipment. While CEO John Chambers has shown excessive optimism in the new "Internet of Everything" concept, investors are still in confusion over the actual potential of the business idea and the way that Cisco is going to leverage this opportunity. Besides the mentioned skepticism, analysts and investors are cognizant of the threat posed by Software Defined Networking (SDN).
- [By Eshna Basu]
Juniper is increasingly becoming active in the "software defined networking" (SDN) field to make its presence felt in the booming data center space, where it is still a small player.
- [By Muhammad Bazil]
The major change coming involves a shift from hardware laden data networking to software-defined networking (SDN). The SDN is a remarkable set of complex processes about how data gets routed across networks. Instead of stringing together several hundreds of servers and applications that makes data centres of this hi-tech age work efficiently, the SDN works by separating the control plane from the data plane so that control is centralized and moves out of the router. What that means is that the era of IP networking where Cisco is king currently will soon give way to the SDN technology. The SDN technology is basically software driven. It is capable of managing and moving data efficiently. So, the question is, does this imply that tough times await Cisco and other major network equipment producers? How much concern should investors show to this looming monumental change?
- [By ICRAOnline]
Avago had inherited the Axxia Networking business after acquiring semiconductor player LSI Corp. last December. LSI�� Axxia portfolio included communication processors or chips that are used in switches and routers for high-performance networking, particularly software-defined-networking (SDN). Axxia chips help data center and enterprise network in transferring information efficiently.
10 Best Income Stocks To Watch Right Now: Green Technology Solutions Inc (GTSO)
Green Technology Solutions Inc (GTSO), incorporated on February 22, 1991, is in the business of identifying and acquiring rights in early stage, green technologies, with the plan to develop these technologies into marketable products. The Company has identified several technology endeavors.
As of December 31, 2011, the Company has identified the advancement of mining technologies, with an emphasis on rare earth and precious metals mining applications, the development of additional markets for existing paint products that are being marketed in the United States, and smart grid technology. GTSO has also identified additional joint venture in China and South America.
Advisors' Opinion:- [By CRWE]
Today, GTSO surged (+10.29%) up +0.0035 at $.0375 with�55,329 shares in play thus far (ref. google finance Delayed: 12:20PM EDT August 27, 2013).
Green Technology Solutions, Inc. is negotiating a potentially lucrative spot transaction with joint venture partner Chilerecicla to export a large quantity of e-waste to one of the largest smelters in the world.
According to the terms of the spot transaction, GTSO joint venture partner Chilerecicla will collect several metric tons of e-waste from suppliers based in Bolivia and Chile, and then ship materials to a smelter overseas. The buyers consist of the world�� largest smelter, who has meticulously screened Chilerecicla to become one of its suppliers. The smelter has noted that its capacity to purchase e-waste from Chilerecicla exceeds our partner�� current e-waste forecast for the near and present future.
- [By CRWE]
Today, GTSO has shed (-5.66%) down -0.0018 at $.0300 with�22,150 shares in play thus far (ref. google finance Delayed: 11:34AM EDT July 3, 2013), but don�� let this get you down.
Previously after forging a new joint venture, Green Technology Solutions, Inc. and Chilerecicla are already hard at work identifying new Latin American companies and locales ideally suited to the partnership�� ambitious expansion plans.
The partnership has targeted Latin America for expansion because it�� a key emerging market in the booming global e-waste recycling and reuse services industry, which Transparency Market Research predicts accounted for more than $9 billion in 2012. The firm expects the worldwide e-waste market to reach $18 billion in 2017, growing at a compound annual growth rate of 13.2 percent from 2012 to 2017.
10 Best Income Stocks To Watch Right Now: Global X China Consumer ETF (CHIQ)
Global X China Consumer ETF (the Fund) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive China Consumer Index (the Underlying Index). The Underlying Index is a free float adjusted, liquidity tested and market capitalization-weighted index that is designed to measure performance of the investable universe of companies in the Consumer sector of the Chinese economy, as defined by Structured Solutions AG. Global X Management Company, LLC serves as the investment adviser to the Fund. Advisors' Opinion:- [By pamatlarge]
Investors looking to short a particular sector can choose from several Global X long ETFs. The Global X China Consumer ETF (CHIQ) concentrates its investments in consumer cyclical goods and consumer defense goods. The Global X China Energy ETF (CHIE) primarily holds stocks in coal, oil and utility companies. The Global X China Financials ETF (CHIX) only invests in financial services companies and real estate companies. The Global X China Industrials ETF (CHII) holds stocks in industrial companies and basic materials companies. The Global X China Materials ETF (CHIM) invests in basic materials stocks. The Global X China Technology ETF (CHIB) holds technology stocks as the core of its investments. All of these ETFs are particularly sensitive to sector downturns and general economic contractions.
10 Best Income Stocks To Watch Right Now: Zoom Technologies Inc (ZOOM)
Zoom Technologies, Inc. (Zoom), incorporated on February 29, 2002, is engaged in design, production, marketing, sales, and support of broadband and dial-up modems, voice over Internet Protocol or (VoIP) products and services, Bluetooth wireless products, and other communication-related products. The Company through its wholly owned holding-company subsidiary, Gold Lion Holding Limited (Gold Lion) is the owner of 100% of Profit Harvest Corporation Ltd. (Profit Harvest) and through Gold Lion's wholly owned subsidiary, Jiangsu Leimone Electronics Co., Ltd. (Jiangsu Leimone) is the owner of 80% of Tianjin Tong Guang Group Digital Communication Co., Ltd. (TCB Digital). The Company through its subsidiaries is engaged in manufacturing, research and development, and sales of electronic and telecommunication products for the latest generation mobile phones, wireless communication circuitry, and related software products. On January 4, 2011, the Company acquired 100% ownership of Celestial Digital Entertainment, Ltd., (CDE). During the year ended December 31, 2011, the Company acquired 55% of Portables.
TCB Digital is engaged in electronic and telecommunication product design, development, and manufacturing for original equipment manufacturers (OEM) customers and for its own products under the brand name of Leimone. The Company offers electronic manufacturing service (EMS) to both domestic and global customers including Samsung, Beijing Tianyu Langtong, CECT, Danahar and Spreadtrum. Its primary products include mobile phones, wireless telecommunication modules, digital cameras, cable television (TV) set-top boxes and global positioning system ( GPS) equipment.
The Company has developed mobile phones and Smartphones based on both of the main network technologies: Global System for Mobile Communications (GSM), and Code Division Multiple Access (CDMA), and beginning in 2010 also 3G CDMA2000 capable products. As of December 31, 2011, the Company markets its mobile phone products through di! stributors in China and also supplies GSM, CDMA and 3G CDMA2000 mobile phones to customers, including one of China's main mobile operators, China Telecom. The Company through its Portables subsidiary operates a wholesale distributor business for T-Mobile products and services in the United States. The Company also has the right to sell branded mobile handsets including those carrying the Zoom brand name and related peripherals in the retail stores managed by Portables under the agreement with T-Mobile.
The Company competes with Bird Ningbo Co., Ltd, Haier Telecom Co. Ltd., Konka Group Co., Ltd, Lenovo Group Limited, TCL Communication Technology Holdings Limited, LG Electronics Ltd., Motorola Inc., Nokia Corporation, Samsung Electronics Co., Ltd., and Sony Ericsson Mobile Communications (China) Co., Ltd.
Advisors' Opinion:- [By Lauren Pollock]
Shares of Zoom Technologies Inc.(ZOOM) soared� 37% to $5.90 after the Chinese mobile and telecommunications investor inked an all-stock deal to acquire an online business travel provider.
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